Consider a car loan amount of $12,000 for a term of 5 years at 12% interest compounded monthly. Find the amount of each monthly payment. a. $235.79 b. $266.93 c. $283.14 d. $301.85 2. Consider a 30-year mortgage at an interest rate of 12% compounded monthly with a $900 monthly payment. What is the loan amount (present value)? a. $87,514.24 b. $87,496.50 c. $87,486.93 d. $87,472.51
Answers
For the car loan amount of $12,000 with a term of 5 years and 12% interest compounded monthly, the monthly payment amount is $283.14.
For the 30-year mortgage at an interest rate of 12% compounded monthly with a $900 monthly payment, the loan amount (present value) is $87,514.24.
To calculate the monthly payment for the car loan, we can use the formula for calculating the monthly payment on an amortizing loan:
Monthly Payment = (Loan Amount * Monthly Interest Rate) / (1 - (1 + Monthly Interest Rate)^(-Number of Months))
For the car loan, the loan amount is $12,000, the monthly interest rate is 12% divided by 12 (since it's compounded monthly), and the number of months is 5 years multiplied by 12 months.
Plugging these values into the formula, we find that the monthly payment is $283.14 (rounded to the nearest cent).
For the mortgage, we can use the formula to calculate the loan amount (present value) based on the monthly payment:
Loan Amount = Monthly Payment * ((1 - (1 + Monthly Interest Rate)^(-Number of Months)) / Monthly Interest Rate)
Using the provided monthly payment of $900, the monthly interest rate of 12% divided by 12, and the number of months as 30 years multiplied by 12 months, we calculate the loan amount to be $87,514.24 (rounded to the nearest cent).
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Related Questions
What is entrepreneur?
Answers
Answer:
someone who is willing to take the necessary risk and uncertainties associated with setting up and managing a business or enterprise
Answer:
Someone who has they're own business. For example, my dad, he made a small company after he left the military called Triple L and he does different things like land work
Explanation:
The market equilibrium point for a product occurs when 3,300 units are produced at a price of $4 per unit. The producer will supply no unit at $1 per unit, and the consumers will demand no unit at $15 per unit. Find the linear supply and demand functions, expressing the quantity of the product q (in units), in terms of the price per unit p (in dollars). A. qs=−350p+5075;qd=1000p−1000; B. qs=−300p+4500;qd=1100p−1100; C. qs=1100p−1100;qd=−300p+4500; D. qt=3300p−4;qd=3300p−15;
Answers
The linear supply function is qs = 1100p - 1100.The linear demand function is qd = -300p + 4500.
the linear supply and demand functions, we need to determine the equations that represent the quantity of the product in terms of the price per unit.
the market equilibrium point occurs when 3,300 units are produced at a price of $4 per unit, we can use this point to find the linear supply function.
Using the point-slope form of a linear equation, we have:
(qs - 3300) = m(p - 4)
the slope (m), we can use the given information that the producer will supply no unit at $1 per unit. This gives us another point (1, 0) on the supply curve.
Using the two points (1, 0) and (4, 3300), we can calculate the slope as follows:
m = (3300 - 0) / (4 - 1) = 3300 / 3 = 1100
Substituting the slope and one of the points into the equation, we have:
(qs - 3300) = 1100(p - 4)
qs - 3300 = 1100p - 4400
qs = 1100p - 1100
Therefore, the linear supply function is qs = 1100p - 1100.
Now, let's determine the linear demand function. We are given that the consumers will demand no unit at $15 per unit. This implies that the quantity demanded is zero when the price is $15.
Using the point-slope form again, we have:
(qd - 0) = m(p - 15)
the slope (m), we can use the given information that the market equilibrium point occurs at (4, 3300). Using this point and the point (15, 0), we can calculate the slope:
m = (0 - 3300) / (15 - 4) = -3300 / 11 = -300
Substituting the slope and one of the points into the equation, we have:
(qd - 0) = -300(p - 15)
qd = -300p + 4500
Therefore, the linear demand function is qd = -300p + 4500.
From the options provided, the correct answer is option B:
qs = -300p + 4500
qd = 1100p - 1100
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In what order are the four primary financial statements (statement of stockholders' equity, income statement, balance sheet, and statement of cash flows) prepared?
Answers
The four primary financial statements are prepared in the following order:
Income statementStatement of stockholders' equityBalance sheetStatement of cash flows Primary financial statementsThe income statement is prepared first because it provides information about a company's revenues and expenses. This information is then used to prepare the statement of stockholders' equity, which shows changes in the company's equity during a specific period.
Next, the balance sheet is prepared, which shows a company's assets, liabilities, and stockholders' equity at a specific point in time. Finally, the statement of cash flows is prepared, which shows a company's cash inflows and outflows during a specific period.
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According to David Ewing,
a. the corporate invasion of employees' civil rights is rampant.
b. sympathetic strikes ought to be made illegal.
c. employers have the right to fill the positions of striking workers with other workers.
d. seniority ought not be a factor in making transfers or promotions.
Answers
Answer:
a. the corporate invasion of employees' civil rights is rampant.
Explanation:
David Ewing did some study and made a report on the absence of liberty at the work place where he confirmed that there is absence of liberty and along with that there is authoritarianism in the workplace.
With all this the civil rights of employees are degrading in practice and the invasion is becoming rampant.
This is all because of extreme professional management is done now a days, further personnel engineering are also done, study of human behaviour and how to control them in the workplace is the main consideration of HR department.
societal-level - PESTEL
industry-level - Porter's 5 Forces
market-level - market profile analysis
firm-level – SWOT plus Founder Fit or Core Competency
For the FTD (Florists' Transworld Delivery).
Answers
For the analysis of FTD (Florists' Transworld Delivery), different levels of analysis can be applied: societal-level (PESTEL), industry-level (Porter's Five Forces), market-level (market profile analysis), and firm-level (SWOT plus Founder Fit or Core Competency).
At the societal level, using the PESTEL framework, factors such as political regulations on flower imports, economic trends affecting consumer spending on flowers, and technological advancements in online delivery would be considered. At the industry level, Porter's Five Forces analysis would assess the competitive forces within the floral industry, including the threat of new entrants, bargaining power of suppliers and buyers, and intensity of competitive rivalry. Market-level analysis through a market profile analysis would focus on understanding target markets, customer demographics, and market trends specific to the floral industry. Finally, at the firm level, conducting a SWOT analysis would help identify internal strengths, weaknesses, opportunities, and threats for FTD, and considering factors like Founder Fit or Core Competencies would provide deeper insights into the company's competitive advantage. These analytical approaches can inform strategic decision-making and enhance FTD's competitive position.
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.3. You are part of a product design team that has been asked to develop a low-calorie chocolate chip cookie dough.
a. Poll your classmates to determine customer requirements.
b. Carry out a QFD analysis to map the customer requirements into product specifications.
Answers
By carrying out a QFD analysis, ensure that the resulting low-calorie chocolate chip cookie dough aligns with the desires and expectations of your target customers.
a. Polling classmates for customer requirements: To gather customer requirements for a low-calorie chocolate chip cookie dough, you can conduct a survey or interview your classmates to understand their preferences and expectations. Here are some questions you can ask:
1. How important is it for the low-calorie chocolate chip cookie dough to taste similar to traditional cookie dough?
2. What is the maximum calorie count you would expect from a low-calorie cookie dough?
3. Are you interested in the cookie dough being gluten-free or suitable for specific dietary restrictions?
4. What texture should the cookie dough have? Should it be chewy, soft, or have a different consistency?
5. Are you concerned about the ingredients used in the cookie dough? Should it be made with natural or organic ingredients?
These questions will help you gather valuable insights into what your classmates desire in a low-calorie chocolate chip cookie dough.
b. Carrying out a QFD analysis:
Quality Function Deployment (QFD) is a methodology used to prioritize customer requirements and translate them into specific product specifications. Here's an example of how you could map customer requirements to product specifications for the low-calorie chocolate chip cookie dough:
Customer Requirement (CR) | Importance (1-5) | Product Specification (PS)
1. Similar taste to traditional cookie dough | 5 | Use natural flavorings and sweeteners to replicate the taste
2. Maximum calorie count expectation | 5 | Limit the cookie dough to a maximum of X calories per serving
3. Gluten-free or suitable for dietary restrictions | 4 | Use gluten-free ingredients and avoid common allergens
4. Desired texture (e.g., chewy or soft) | 3 | Adjust ingredient ratios and baking time to achieve the desired texture
5. Concerns about ingredients | 4 | Use natural and organic ingredients without artificial additives.
In this example, the customer requirements are ranked according to their importance (1 = least important, 5 = most important). The product specifications are then derived based on how they address each customer requirement.
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Which of the following is a personal benefit of eaming a college degree?
A. You have more friends.
B. You are more likely to exercise.
C. You have a longer life expectancy.
D. You are more likely to vote for the right candidate.
Answers
Answer:
Option B !!!!! :))
Explanation:
Christopher is a self-employed cash-method, calendar-year taxpayer, and he made the following cash payments related to his business this year. Calculate the after-tax cost of each payment assuming Christopher has a 37 percent marginal tax rate. a) $500 fine for speeding while traveling to a client meeting. b) $800 of interest on a short-term loan incurred in September and repaid in November. Half of the loan proceeds was used immediately to pay salaries and the other half was invested in municipal bonds until November. c) $600 for office supplies in May of this year. He used half of the supplies this year and he will use the remaining half by February of next year.
Answers
Answer:
A. $500
B. $696
C. $378
Explanation:
Calculation to determine the after-tax cost of each payment
A. Based on the information given the AFTER-TAX COST will be $500 reason been that it is NOT DEDUCTIBLE based on the fact that fines and penalties does not provide a tax break
B. After-tax cost=$800 * [1-(0.5*0.37)]
After-tax cost=$800*(1-0.13)
After-tax cost=$800*0.87
After-tax cost=$696
Therefore After-tax cost is $696 reason been that HALF OF THE INTEREST will NOT be DEDUCTIBLE reason been that it was used to obtain NON-TAXABLE INCOME
C. After-tax cost=$600 * (1 - 0.37)
After-tax cost=$600*0.63
After-tax cost=$378
Therefore the After-tax cost is $378
true/false. learned optimism comprises building an employee's attitudes of commitment, control, and challenge.
Answers
True. Learned optimism involves developing positive attitudes of commitment, control, and challenge in employees.
Learned optimism is a concept introduced by psychologist Martin Seligman, who suggests that individuals can learn to be more optimistic by challenging negative thoughts and developing a more positive outlook. By fostering attitudes of commitment (being dedicated and engaged), control (believing in one's ability to influence outcomes), and challenge (seeing obstacles as opportunities for growth), learned optimism can enhance employee well-being and performance. Attitudes of commitment refer to employees being dedicated, motivated, and engaged in their work. They have a strong sense of purpose and actively pursue their goals. This attitude is associated with increased job satisfaction, productivity, and overall well-being.
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Russell United has 28,500 shares of stock outstanding and has two open seats on its board of directors. Each share of common stock is granted one vote. How many additional votes are required to guarantee a seat on the board if the company were to use straight voting rather than cumulative voting
Answers
Answer:
4,750
Explanation:
Calculation for How many additional votes are required to guarantee a seat on the board
First step is to Calculate for STRAIGHT VOTING
Using this formula
Additional Votes= ((Shares of stock outstanding/2)+1)
Let plug in the formula
Additional Votes=((28,500/2)+1)
Additional Votes=14,251
Second step is to calculate for CUMULATIVE VOTING
Using this formula
Additional Votes= ((Shares of stock outstanding/(Number of seats +1))+1)
Let plug in the formula
Additional Votes=((28,500/(2 +1))+1)
Additional Votes=9,501
Last step is to calculate How many additional votes are required
Using this formula
Additional votes =STRAIGHT VOTING additional vote-CUMULATIVE VOTING additional Votes
Let plug in the formula
Additional votes = 14,251-9,501
Additional votes = 4,750
Therefore How many additional votes are required to guarantee a seat on the board if the company were to use straight voting rather than cumulative voting is 4,750
each employee's and each group's ongoing efforts to gather information and apply the information to their decisions in a learning organization is called
Answers
Each employee's and each group's ongoing efforts to gather information and apply the information to their decisions in a learning organization is called continous learning.
The process of consistently improving one's skills and knowledge is known as continuous learning. In the workplace, "continuous learning" is a phrase frequently used to refer to the process of acquiring new knowledge and skills while simultaneously enhancing ones already had.
The "continuous, voluntary, and identity-driven" pursuit of information for one's own or one's career is referred to as lifelong learning. It promotes social engagement, active citizenship, and personal development while also being crucial for an individual's work and productivity. One method of constant learning is signing up for further work training courses. This is a formally agreed-upon commitment made, often for a little time, in order to gain new knowledge.
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Betsy Flyer operated a travel agency. To obtain lower airline fares for her nonmilitary clients, she booked military-rate travel by forwarding fake military identification cards to the airlines. The government charged Flyer with identity theft, which is the "use" of another’s identification. The trial court has two cases that represented precedents:
In the first case, David Miller obtained a loan to buy land by representing that certain investor had approved the loan when, in fact, they had not. Miller’s conviction for identity theft was overturned because he had merely said that the investors had done something when they had not. According to the court, this was not the "use" of another’s identification.
In the second case, Kathy Medlock, an ambulance service operator, had transported patients when there was no medical necessity to do so. To obtain payment, Medlock had forged a physician’s signature. The court concluded that this was "use" of another person’s identity.
Which precedent—the Miller case or the Medlock case—is similar to Flyer’s situation?
Answers
A court with original jurisdiction where trials are conducted is known as a trial court or tribunal of the first instance. Higher courts with the ability of appellate review typically hear appeals from the judgments of trial courts.
Any court that hears a case first is referred to as a trial court, often known as a court of original jurisdiction. Through a thorough trial that explores all of the relevant evidence, the trial court renders judgments of fact and law. An appeal of the legal conclusions may be made to a higher court with review authority.
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The marginal revenue curve of a firm with market power will always lie below its demand curve because of.
Answers
The reason why firm with market power will have a marginal revenue curve that is always below its demand curve is because of the output effect and the discount effect.
What is the output and discount effect?These effects refer to the tendency of firms with market power, to offer lower prices on their goods and services to be able to sell more units of their products.
For this reason, the marginal revenue - additional revenue received - will be less than price - demand curve because the price will always drop to sell more units.
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The "invisible hand" concept suggests that
A. changes in product demands are only randomly reflected in changes in the demands of for resources
B. Profit maximization is inconsistent with its efficient allocation of resources
C. When firms maximize their profits society's output will also be maximized.
D. Government action is necessary to correct for market failures
(This is an economics question)
Answers
UniFront Corp., a telecommunications company, has launched a new limited edition smartphone called zNINE that has advanced technology features and is built using high-grade material. The company has made only 99 of these zNINE cellphones and customers are ready to pay more than what the cellphone is worth because it is so limited in number. This scenario can be best categorized as an example of __________.
Answers
Answer: C. rarity
Explanation:
According to the laws of Supply and Demand, when the supply of a good is low relative to its demand, the price will be higher to reflect its relative scarcity or rarity. This ensures that only a few are able to buy the few goods on offer.
This is the case here with UniFront's phone. Due to the rarity of the phone, people will pay more than the phone is worth so that they can acquire it. In other words, the limited number of phones produced relative to the demand is low therefore the price is higher.
you were visiting your grandpa and you happened to find $5000 stashed in an old shoe box. he told you that he had been saving this money for over 20 years. a. explain to him other options he has.
b. explain and demonstrate the principles of compounding interest.
Answers
Answer:
(only a) the best option would be investing in stocks
Explanation:
Supporters of NAFTA and free trade would contend that such agreements:
increase government control of a nation's economy
limit the growth an economy and prevents inflation
hamper democratic reforms and open markets in areas that are already strong
ultimately produce lower prices and greater variety of products
Answers
Supporters of NAFTA and free trade would argue that such agreements ultimately produce lower prices and greater product variety. Option D is correct.
What are economic blocs?They correspond to commercial agreements between different nations to obtain economic benefits, such as price and interest reductions, greater availability of products, etc. Some examples are:
NAFTAEuropean UnionMercosurTherefore, free trade supporters would argue that the advantages of economic blocs are the common benefits for members, ensuring greater economic liberalism and development for both.
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PART 1
It is now January. The current interest rate is 5% per annum annual compounding. The June future price for gold is $1846.30, while the December future rice is $1860.00. Find a strategy to explore the arbitrage opportunity.
Part II.
Suppose that the spot price of the euro is currently $1.5 USD. The one-year futures price is $1.55 USD. Is the interest rate higher in the United States or the euro zone? Justify your answer.
Part III.
OneAsx has just introduced a single-stock futures contract on Arandex stock, a company that currently pays no dividends. Each contract calls for delivery of 1,000 shares of stock in one year. The T-bill rate is 6% per year annually compounded and Arandex stock currently sells at $120 per share. If the Arandex price drops by 3%, what will be the change in the future price and the change in the investors’ margin
Answers
Part 1: To explore the arbitrage opportunity between the June and December future prices for gold, we can use a strategy called cash-and-carry arbitrage. Here's how it works:
Borrow money at the current interest rate of 5%.
Use the borrowed money to buy gold at the June future price of $1846.30.
Hold the gold until December.
Sell the gold at the December future price of $1860.00.
Repay the borrowed money with the interest accrued over the period.
By executing this strategy, you can lock in a risk-free profit. The profit can be calculated as the difference between the selling price in December and the cost of borrowing the money to purchase the gold in June, taking into account the interest accrued over the period.
Part 2:
To determine whether the interest rate is higher in the United States or the euro zone, we can compare the spot price of the euro with the one-year futures price.
If the one-year futures price is higher than the spot price, it implies that the interest rate is higher in the euro zone. This is because investors are willing to pay a premium (higher future price) to buy the euro in the future, expecting it to appreciate.
If the one-year futures price is lower than the spot price, it implies that the interest rate is higher in the United States. In this case, investors are willing to sell the euro at a discount (lower future price) because they expect it to depreciate.
In the given scenario, the one-year futures price of the euro is $1.55 USD, higher than the spot price of $1.5 USD. Therefore, we can conclude that the interest rate is higher in the euro zone.
Part 3:
Since Arandex stock pays no dividends, the change in the future price and the change in the investor's margin will be determined by the change in the stock price itself.
If the Arandex stock price drops by 3%, the future price is expected to reflect this change. However, the exact change in the future price and the impact on the investor's margin will depend on the specific terms and conditions of the single-stock futures contract offered by OneAsx.
Typically, a drop in the stock price would result in a decrease in the future price, leading to a potential loss in the investor's margin. The exact calculation of the change in the future price and the impact on the margin would require additional information such as the initial margin requirement and any margin maintenance requirements specified by the exchange or broker.
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Laws/legislation that protect citizens against xenophobia and discrimination
Answers
Answer:
The First Amendment
Explanation:
The law protects those that are xenophobic through the First Amendment. They can say all sorts of paranoid things without having to worry about the government ...
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3. In the mythical kingdom of Erehwon, the basic unit of money is the rudolf. At today's exchange rate, 4 rudolfs are equal to $1. A U.S. tourist in Erehwon wishes to purchase a guidebook to the country. The price is 6 rudolfs. How much is this in U.S. money?
(A) $1.50
(B) $6
(C) $4
(D) $24
Answers
To calculate the number of montly payments required to pay off a loan or meet an investment goal, use the _______ function.
Answers
To calculate the number of monthly payments required to pay off a loan or meet an investment goal, use the nper function.
In finance, lending is the lending of money by one or more individuals, organizations, or other entities to other individuals and organizations, etc. The beneficiary incurs a debt and usually has to pay interest on that debt until that debt is also repaid. to repay the principal borrowed.
The promissory note will typically state, among other things, the principal amount of the loan, the interest rate charged by the lender, and the date of repayment. A loan involves reallocation of assets in question over a period of time, between the lender and the borrower.
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Which of these is an example of an entrepreneur?
A. Jesse has the idea for a new phone app, so he spends his money
to set up a business.
B. Olivia is part of a team that develops new products for a well established company.
C. Cleo joins her friend's new business to help with managing
finances.
D. Vince has been promoted to manager because he knows his
industry very well.
Answers
Answer: A.Jesse has the idea for a new phone app, so he spends his money
Explanation: Took the test
Jesse has the idea for a new phone app, so he spends his money to set up a business of these is an example of an entrepreneur. Thus, option (a) is correct.
What is entrepreneur?The term entrepreneur refers to the person who launched a new business with own risk and profit basis. The setup of new business with new idea and logic is called entrepreneurship. The entrepreneur is the main motive to set up business to generate employment. The entrepreneur is work new idea as called startup company.
Entrepreneur was the important role in each country. An entrepreneur is the spends his money to the set-up of the money. It was the perfect example is the Jesse has the idea for a new phone app, so he spends his money to set up a business.
As a result, the conclusion of the entrepreneur example are the aforementioned. Therefore, option (a) is correct.
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on july 8, action co. issued an $62,000, 6%, 90-day note payable to scanlon co. assuming a 360-day year, what is the maturity value of the note?
Answers
The maturity value of the note is $62,930.
To calculate the maturity value of the note, we need to first find the interest that will be charged on the note. We can use the following formula:
Interest = Principal x Rate x Time
Principal = $62,000
Rate = 6% per year
Time = 90/360 (since we assume a 360-day year and the note is for 90 days)
Interest = $62,000 x 6% x (90/360)
= $930
So the interest charged on the note is $930. To find the maturity value, we need to add the interest to the principal:
Maturity Value = Principal + Interest
= $62,000 + $930
= $62,930
Therefore, the maturity value is $62,930.
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bauer industries is an automobile manufacturer
Answers
When comparing the rates of return of various projects or comparing a predicted rate of return with the hurdle rate necessary to accept an investment, net present value (NPV), which takes time worth of money into account, can be employed.
What is Net Present Value ?The discount rate, which is based on a company's cost of capital, may be a hurdle rate for a project because it represents the time value of money in the NPV formula.
A negative NPV indicates that the expected rate of return will be lower than it, which means that the project won't add value, regardless of how the discount rate is calculated.
The net present value computation is frequently referred to as discounted cash flow analysis (DCF) analysis when used to evaluate corporate securities.
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Which of the following is a false statement?
A. Certain states have no state income tax.
B. Most states have state income tax.
C. Depending on where you live, you may pay no state income taxes.
D. All states have a flat state tax.
Answers
The false statement among the options provided is D. All states have a flat state tax. This statement is incorrect because not all states have a flat state tax.Option D is correct.
In fact, the majority of states in the United States do not have a flat tax system. Instead, they utilize a progressive income tax system where tax rates increase as income levels rise. Under a progressive tax system, individuals with higher incomes are subject to higher tax rates, while those with lower incomes pay lower rates.
Some states also implement different tax brackets, deductions, and exemptions to further differentiate tax liabilities based on income. It is important to note that tax policies and regulations can vary among states, and individuals should consult the specific tax laws of their respective state for accurate information regarding state income taxes.Option D is correct.
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What are the consequences to the schedule if completion of a primary task is delayed?.
Answers
Delaying the completion of the primary task delays the start of all related dependent tasks.
What is the task and why it is used?Task, duty, job, housework, stint, commission mean work to be done. Obligation means a task imposed by an authority, an employer, or a circumstance. I am entrusted with various tasks. Obligation means an obligation to perform or an obligation to perform.The task will tell you if the work has been completed, and if the operation has returned a result, the task will return the result. What is the difference between work and task?Work is job that must be done. A task is a part of work that needs to be done. A process is a set of actions performed for a specific purpose. Jobs and tasks define work to be done, and processes define how the work is done and how it should be done.
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Answer: The beginnings of all related dependent tasks are also delayed.
Explanation: If you decide to delay the schedule for a completion of a primary task you will fall behind in that task and all other dependent tasks that also need to be completed from that primary task. So it is best to try not to become delayed for the primary task so all the other tasks can also get completed on time.
A company’s code of conduct is likely to include rules on
A. hourly pay
B. processes for handing outside contractors
C. personal use of company confidentiality agreement
Answers
C. personal use of company confidentiality agreement
Answer:
c for sure
Explanation:
thats one of the main things especially if you work in the healthcare industry.
HIPAA is extremely important... invasion of provacy or violating the act can set you into jail
Financial ratio analysis is conducted by three main groups of analysts: credit analysts, stock analysts, and managers. What is the primary emphasis of each group, and how would that emphasis affect the ratios they focus on?
Answers
Credit analysts primarily focus on assessing the creditworthiness of a company or borrower, emphasizing ratios related to financial stability, liquidity, and debt repayment capacity.
Stock analysts emphasize evaluating investment potential, focusing on profitability, growth, and market valuation ratios. Managers use financial ratio analysis for internal decision-making, emphasizing operational efficiency, profitability, and financial health ratios.
Each group's emphasis affects the ratios they prioritize. Credit analysts emphasize debt ratios, interest coverage, and cash flow ratios. Stock analysts prioritize EPS, P/E ratio, and ROE.
Managers focus on operational efficiency ratios like inventory turnover, asset turnover, and profitability ratios such as gross profit margin and return on investment.
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Soledad and winston are partners who share income in the ratio of 1:3 and have capital balances of $49,800 and $71,700, respectively, at the time they decide to terminate the partnership. after all noncash assets are sold and all liabilities are paid, there is a cash balance of $63,700. what amount of loss on realization should be allocated to soledad?
Answers
The amount of loss on realization to be given to soledad will be $16700 if there is a remaining cash balance of $63700.
What is cash balance?The sum of cash that a business has on hand is known as its cash balance. To cover any unforeseen cash outflows, this money is maintained on hand. Businesses can find themselves unable to pay their expenses without this safety net. Normally, cash balances are put towards debt repayment or given back to investors in the form of a dividend. You obtain it by adding the money received and deducting the money expended. The quantity of cash on hand is called the cash balance. You obtain that by adding this month's cash flow to the previous month's cash balance, or deducting if the cash flow is negative.
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Functions of marketing
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Answer:
There are seven widely accepted marketing functions that contribute to the overall work of marketers. The seven functions include: Promotion. Selling. Product management. Pricing. Marketing information management. Financing. Distribution. Why are the seven marketing functions important? The seven marketing functions are important since each of them represents a category of activities that occurs in marketing.
Explanation:
Important Functions of Marketing :
1. Gathering and Analysing Market Information: ...
2. Marketing Planning: ...
3. Product Designing and Development: ...
4. Standardisation and Grading: ...
5. Packaging and Labelling: ...
6. Branding: ...
7. Customer Support Service: ...
8. Pricing of Products: